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***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** ***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)***

04-25-2012 , 02:59 AM
the rumour is that they will have as much right as PartyPoker to enter the U.S. market if/when legalisation happens. Think about how lucrative the U.S. market used to be, now imagine that they don't have to pay 50c/$ in payment processing fees . . . .even if there is only a 25% chance of legalisation happening ever that is prob still enough to make this +EV for them.
if 330mill of the 750mill is just player balances then it does seem like a bargain, if it settles fines without prejudice so they can enter market if legalisation happens, secures Isai and Tate's freedom and makes every FTP grinder wanna hug you.
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
04-25-2012 , 03:01 AM
Quote:
Originally Posted by too eazy
hmm.

if i get my ftp money back i think it's going to be head explode #93024892 that i've had over the past 5 years.

also, sup dudes?
Don't worry boys, Too Eazy wouldn't grace us with his presence if this wasn't a lock
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
04-25-2012 , 03:21 AM
Quote:
Originally Posted by sparky999
the rumour is that they will have as much right as PartyPoker to enter the U.S. market if/when legalisation happens. Think about how lucrative the U.S. market used to be, now imagine that they don't have to pay 50c/$ in payment processing fees . . . .even if there is only a 25% chance of legalisation happening ever that is prob still enough to make this +EV for them.
if 330mill of the 750mill is just player balances then it does seem like a bargain, if it settles fines without prejudice so they can enter market if legalisation happens, secures Isai and Tate's freedom and makes every FTP grinder wanna hug you.
Quote:
Originally Posted by jij452

Now, if they manage to get a deal with DOJ allowing them to operate in the future US market, it becomes a clear cut no brainer snap call, whatever the mirrons it'd cost

2c
i can't agree more with you.... wasn't aware of these rumours tho.
but still, would happily take a bet with loco =)
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
04-25-2012 , 04:11 AM
Quote:
Originally Posted by DoubleFly
Like how the Yankees already have a hall of fame closer, and now they have 3 closers on their roster, while their biggest competitor is in desperate need of bullpen help.

I'll keep my fingers crossed like everyone else.
Well Mr. DFly, that is a very cute analogy! I hope everything is well in your new locale!

Quote:
Originally Posted by GoMukYaSelf
FTP brand isn't worth that much.

Buying the FTP brand and being a wildly publicized savior for hundreds of thousands of people around the world is.
I think ^ is probably a bit underrated by the general community. Just having it in the general press / word of mouth that "pokerstars bought FTP and promptly paid everyone back" would just do so much for their street cred. I'm unsure if perhaps I am overvaluing this due to personal bias or not, but it seems like a really clever business move.

In general I agree with Ringer as well, the longer it takes Stars to deny, the more optimistic I become. I don't see much reason for them to shy away from denying it if it is a completely false rumor.

That being said, I would not be surprised if we are hearing an incredibly optimistic or overenthusiastic (is that really a word?) spin on it, due to peoples personal desire to see something like this happen.

Anyways, hope everyone is doing well, I don't get on the computer much these days. I'm sure I'll see some of you in Vegas, and hopefully we'll have something extra good to celebrate outside of random luckboxing in donkaments or stacking Hellmuth.
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04-25-2012 , 11:33 AM
DF - I was actually using that yankees analogy all day yesterday! Good analogy obv.

TE- Yeah, I just think stars has too much of an honest reputation and integrity to let this rumor go on one second too long. I do agree with how we are hearing it too. It's certainly possible the deal isn't done yet as everyone keeps "reporting"... and that it's still in talks. I really do sorta believe the deal is done though. That probably is some level of bias but I just don't think its a co-incidence that the "stars buying ftp" and "GBT bailing on the deal" stories came out on the same day... within a few hours of each other.
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04-25-2012 , 11:44 AM
Just FYI, stars said yesterday that all the rumours were true and they are in fact in discussions.
http://www.pokerstarsblog.com/corpor...en-093438.html
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04-25-2012 , 11:57 AM
Quote:
Originally Posted by jij452
Well frankly I don't know what to think about all of that....

The thing is, what would be the interest in pulling out all that money if FTP was just to "die" if they didn't step up ? They could "eliminate" their old major competitor free of charge.


2c

Consumers are dumb and I think it helps give the illusion of choice. And don't forget how superstitious gamblers are. Pokerstars rigged? Try full tilt!

Reminds me of when I used to work at a big box electronics store (future shop), and every so often a customer would threaten to move their business to our biggest competitor (best buy). They were just completely oblivious that it was the exact same company.
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04-25-2012 , 12:47 PM
Quote:
Originally Posted by too eazy
Well Mr. DFly, that is a very cute analogy! I hope everything is well in your new locale!
That was my homage to your presence in the thread. :-)

TBH, I don't think the DOJ has much say in the whether FT/Stars can participate in a reopened US, since that is up to legislators. Harrah's, Caesar's, etc are all going to lobby to keep them out. Someone correct me if I'm wrong. But if they have to pay a $300-500mil-ish penalty anyway (based on Party), why not spend a little more and see if you can get a good deal on FT? The old FT used to have annual profits of $100mil+ and Stars can probably get them over half way there by the end of the first year. The DOJ also is going to want some resolution as well (good PR for them, and protects US player interests), and Stars can provide that at a lower cost (since they already have the infrastructure). Stars doesn't really need the FT player database (since most high volume regs already have a Stars account), but it shuts out its competitors from getting it and rush. The other competitors' software is such crap... I have no idea why they don't step up to upgrade. It's very plausible this could work.

One time!

Last edited by DoubleFly; 04-25-2012 at 12:53 PM.
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04-25-2012 , 02:28 PM
PokerStars In Talks To Buy Full Tilt Poker - WSJ.com http://t.co/nr7HodZD

Posting here since full article not working...

Quote:
By ALEXANDRA BERZON

PokerStars is in negotiations to acquire Full Tilt Poker in a deal that would end the two online poker companies' legal battles with the U.S. Justice Department, according to a person familiar with the matter.

Under the deal being discussed, PokerStars would acquire the assets of its smaller rival, according to the person. The deal would be part of a broader settlement of a civil case brought by the DOJ against the two companies, the person said. The DOJ shut down the U.S. web sites of Full Tilt Poker and PokerStars last year as part of a crackdown of online poker sites.

It's unclear how much PokerStars would pay for Full Tilt or what assets it would obtain. While tarnished by the government's allegations against it, Full Tilt retains one of the best-known brand names in online poker, a status built in part through its extensive television advertising. The company is also known for its software used to run online poker games and has a database of poker-playing customers.

The deal would include a way for poker players worldwide to retrieve funds they had deposited with Full Tilt Poker, the person said. Around $300 million was credited to poker players and not paid by Full Tilt, about half of that to players based in the U.S.

PokerStars executives have been conducting due diligence at Full Tilt's Dublin, Ireland, offices for the last few days, according to the person.

"Full Tilt Poker is more optimistic than ever that its number one goal will be obtained: Full Tilt players will be repaid," the company said in a statement Tuesday. "Full Tilt Poker has been in settlement discussions with the U.S. Department of Justice. As such settlement discussions are always confidential, we are unable to comment on any rumors related to the details of those discussions."

The Justice Department had no comment. In a statement on PokerStars's blog, a company spokesman wrote that the company couldn't comment on confidential settlement talks with the DOJ.

PokerStars and Full Tilt Poker were both shut down a year ago in the U.S. after the Justice Department brought civil charges against the companies and criminal charges against its executives, alleging the companies had engaged in bank fraud, money laundering and illegal gambling operations.

Full Tilt and PokerStars have denied the allegations.

The deal would likely not affect criminal charges pending against the Full Tilt Poker and PokerStars executives not in the U.S., according to the person with knowledge of the matter.

PokerStars and Full Tilt were once fierce rivals. They both spent vast sums marketing online poker to U.S. players on major television networks despite the government's contention that online poker is illegal in the U.S. The companies had asserted that online poker is legal.

PokerStars, which is based in the Isle of Man, was the larger of the two online poker companies and continued to operate outside the U.S. after its U.S. web site was shut down last year.

Full Tilt was forced by regulators to stop its worldwide operations last June after it was unable to pay back money it owed to players.

The U.S. online poker market has vastly decreased since those web sites were shut down in the U.S., according to groups that track online poker play.

Last year, in a court filing related to the civil suit, the U.S. government alleged that Full Tilt's owners had engaged in a "Ponzi scheme," taking money from players while paying themselves $444 million dollars from the company's coffers.

When the DOJ shut down the site to U.S. players, thousands of poker players were left with money credited to personal accounts that Full Tilt didn't have funds to support. PokerStars paid all of its U.S. players back.

Full Tilt has denied that it engaged in a Ponzi scheme but acknowledged it had severe financial problems.

In October a French investment fund -- Groupe Bernard Tapie -- said that it was close to reaching a deal to acquire Full Tilt Poker.

Behnam Dayanim, an attorney for Groupe Bernard Tapie, said Tuesday that the investment fund's $80 million deal to acquire Full Tilt fell through last week due to complications over the terms for paying back poker players and legal complications.

The Full Tilt statement Tuesday confirmed that the deal with Groupe Bernard Tapie had fallen through.

Last edited by GoMukYaSelf; 04-25-2012 at 02:46 PM.
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
04-25-2012 , 05:42 PM
Was there ever a WSJ article on the GBT stuff exclusively?
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
04-25-2012 , 05:54 PM
who is "a person familiar with the matter"
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
04-26-2012 , 11:21 AM
Not that I know of... Diamond Flush's article on GBT's proposal is a must read if you haven't seen it. http://t.co/b93IDfpv
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05-14-2012 , 12:27 PM
Oh 2p2 is back? GIMME MY MONEY FTP!
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
05-14-2012 , 06:18 PM
Hey guys. I can't access my email that I used with 2p2. I'm going to email a mod to hopefully get my original account back.

If you could vouch for me (Manco_99) I'd really appreciate it. If I get a couple people to quote this post I'll be able to link a mod to this thread.

Thanks guys.
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05-15-2012 , 12:51 PM
Quote:
Originally Posted by TucoRamirez II
Hey guys. I can't access my email that I used with 2p2. I'm going to email a mod to hopefully get my original account back.

If you could vouch for me (Manco_99) I'd really appreciate it. If I get a couple people to quote this post I'll be able to link a mod to this thread.

Thanks guys.

Yes give him Tuco Ramirez back. There is 100% chance TucoRamirez II is TucoRamirez and TucoRamirez is 100% manco_99.
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
05-15-2012 , 12:53 PM
OH god, it looks like certain states want to pass legislation so sites that broke UIGEA can never come back to US.

Please, please negotiations come to an end. NOW!!!!
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
05-15-2012 , 03:01 PM
Quote:
Originally Posted by loco
Yes give him Tuco Ramirez back. There is 100% chance TucoRamirez II is TucoRamirez and TucoRamirez is 100% manco_99.
i remember you from FR tables, gl getting back what you want.
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
05-15-2012 , 03:02 PM
quoted the wrong guy, ment manco .D
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
05-17-2012 , 12:15 PM
so, any news?
where the f*** is my money?
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
05-17-2012 , 11:46 PM
My msn got hacked. It should be closed now and I don't think I even have any of you on it since I haven't used it in forever, but I thought I'd let people know. If you get something from my msn it's not me.
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
05-18-2012 , 12:56 AM
Vouch for Tuco Ramirez II? What does that mean? You need to show us more proof before we can vouch for you.
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
05-18-2012 , 12:22 PM
Quote:
Originally Posted by novel20
Vouch for Tuco Ramirez II? What does that mean? You need to show us more proof before we can vouch for you.
http://forumserver.twoplustwo.com/85...l#post32883620

Here's my training log. Go to the most recent posts and you'll see that I've been posting with this account since 2p2 came back up. TucoRamirez is no where to be found, even though he (I) has been tracking his workouts on that log religiously since January.

Good to know that you're not a sucker though, Novel.
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05-18-2012 , 02:01 PM
security question

how much does female companionship cost in las vegas?
***Official 2014?? I got my f***in money FTP Thread bithces...(seriously, bitches)*** Quote
05-18-2012 , 02:56 PM
Low blow. I was hoping everyone had forgotten about that.

Either 3k or 4k, I forget. I'm sure you could dig through the 2010 regs thread to find it.
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05-18-2012 , 03:40 PM
approved
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